India Crane Market Share

Statistics for the 2023 & 2024 India Crane market share, created by Mordor Intelligence™ Industry Reports. India Crane share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of India Crane Industry

Some of the prominent players in the Indian crane market are Action Construction Equipment Ltd, Escorts Ltd, TIL Ltd, Liebherr-International Deutschland GmbH, and Kobelco Construction Equipment, among others. The growth of the market is characterized by the trend in material handling systems, which is expected to be greatly focused on designing lighter and high-efficiency equipment during the forecast period.

In March 2021, Liebherr launched the MK 73-3.1 mobile crane, which accompanies the crane series comprising the MK 140 and MK 88-4.1. The compact 3-axle crane is the response to market needs for an agile, compact, and small, mobile construction crane that is flexible and fast in operations.

India Crane Market Leaders

  1. Action Construction Equipment Limited

  2. Liebherr Group

  3. Kobelco Construction Equipment India

  4. SANY Group

  5. Konecranes

*Disclaimer: Major Players sorted in no particular order

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Crane Industry in India Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)